Volcanic disruption at Anchorage could hit transpacific airfreight operations
Ted Stevens Anchorage International Airport (ANC) and its users are bracing for disruption that could ...
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By Mike Wackett
Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season kicks in.
The discounting and waiving of premium fees for late November and December shipments caused a mini-collapse in container spot rates this week.
According to the Freightos Baltic Exchange (FBX), spot rates from Asia to the US west coast slumped by 26% in the past week, to $13,924 per 40ft, and by 20% for east coast ports. to $15,865 per 40ft.
“For the ...
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